• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ondo Finance: Platform for Tokenizing Real-World Assets

user avatar

by Giorgi Kostiuk

a year ago

  1. Innovative Features of Ondo Finance
  2. Ondo Finance Products
  3. The ONDO Token


    4. Ondo Finance is a leading platform in the decentralized finance (DeFi) space, dedicated to bridging traditional finance (TradFi) and decentralized finance by tokenizing real-world assets (RWAs). The platform leverages blockchain technology to ensure security, transparency, and accessibility.

    Innovative Features of Ondo Finance

    Ondo Finance offers several unique features.

    The first is 'Risk-Isolated Vaults', allowing lenders to set preferences around collateral, fund usage, and loan-to-value ratios, minimizing risks.

    The second feature is an innovative subscription mechanism, enabling liquidity providers to choose between fixed and variable yields.

    The third feature is security and compliance. The platform conducts extensive security audits from firms such as Peckshield, Certik, and Quantstamp.

    Ondo Finance Products

    Ondo Finance has launched several products in the RWAs space, including three flagship products: OUSG, USDY, and OMMF.

    The first product is the OUSG Fund. It offers tokenized ownership of BlackRock’s iShares Short Treasury Bond ETF.

    The second product is USDY, an interest-bearing note backed by short-term US Treasuries and bank deposits.

    The third product is OMMF, a tokenized version of US Government money market funds, compatible with financial protocols on the Ethereum blockchain.

    The ONDO Token

    The ONDO token was introduced by the Ondo Foundation to support the platform's mission in real-world asset tokenization. First issued in 2022, the token enables holders to participate in governance decisions.

    The token's price at launch in January 2024 was $0.11, which rose to $1.42 by June. The token has a market capitalization of $874 million, with the majority of tokens being locked.

    Ondo Finance continues to strengthen its position in the financial token space, offering innovative products and solutions. With the asset tokenization market predicted to grow, the platform is strategically expanding globally, particularly in the Asia-Pacific region.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Security Experts Warn Against Clicking Unfamiliar Links on WhatsApp

chest

Security experts warn WhatsApp users to be cautious of unfamiliar links to avoid malware, especially after the emergence of the Eternidade malware.

user avatarSon Min-ho

Dogecoin Shows Signs of Inverse Head and Shoulders Pattern

chest

Traders are observing an inverse head and shoulders pattern on Dogecoin's 4-hour chart, indicating potential trend reversal.

user avatarJesper Sørensen

Argentina Approves Tax Payments in Dogecoin

chest

Argentina has approved the use of Dogecoin for tax payments, marking a significant step towards the cryptocurrency's real-world adoption.

user avatarRajesh Kumar

MYX Finance Enhances Perpetual Trading Features.

chest

MYX Finance enhances its decentralized trading platform with a Matching Pool Mechanism and crosschain functionality, attracting traders seeking efficient execution.

user avatarKaterina Papadopoulou

Ice Open Network will transfer tokens to ION Chain on December 17, 2025.

chest

Ice Open Network announces token migration from ICE on Binance Smart Chain to ION on the ION chain on December 17, 2025, requiring users to transfer assets to self-custodial wallets.

user avatarSatoshi Nakamura

IEA Supports Qatar's Concerns on LNG Demand Growth

chest

The International Energy Agency (IEA) supports Qatar's concerns about the future of liquefied natural gas (LNG) supplies, projecting significant growth in global LNG trade driven by rising power sector demand.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.